Full employment is a rate of employment defined by government economists to take into account the percentage of unemployed individuals who would not be employed regardless of the nation's economy. It is currently considered to be at 5.2% unemployment.
Structural unemployment is a form of unemployment resulting from industrial reorganization, typically due to technological advancements, rather than fluctuations in supply or demand.
Structural Unemployment is a type of unemployment caused by a mismatch between the skills that workers in the economy can offer and the skills demanded by employers.
